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Somalia Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about Somalia Finance.
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Latest Somalia Finance News

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  • Somali Terror Network Alleged in Minneapolis 24 Nov 2009 01:26 GMT
    ... Washington - Federal authorities today unsealed criminal charges ... some older and well-respected members of the Somali-American community were luring younger men to fight ... they have found evidence of support and finance cells for the network in several U.S. cities. ...

  • Somali-US youth told jihad would be 'fun' 24 Nov 2009 03:10 GMT
    ... CHICAGO (AFP) – A group of Somali-American youth recruited to fight for an Islamist ... Isse is accused of raising money to finance the trips to Somalia by telling community members ...

  • Eight more charged in federal investigation of Somali recruiting 24 Nov 2009 06:40 GMT
    ... U.S. Attorney for the District of Minneapolis B. Todd ... financial support to those who traveled to Somalia to fight on behalf of al-Shabaab, and ... traveling to Somalia to fight or helping finance al-Shabaab or lying to federal agents who were ...

  • Youth forced to fight Somali war 24 Nov 2009 08:53 GMT
    ... Chicago - A group of Somali-American youth recruited to fight for an Islamist ... Isse is accused of raising money to finance the trips to Somalia by telling community members ...

  • Why Niall Ferguson is still bearish 24 Nov 2009 04:35 GMT
    ... the U.S. can count on foreigners to finance a cumulative $9-trillion of new bond issuance at ... of the past year affected your personal investment decisions? I am out of U.S. stocks and currently have a modest cash pile. ...

  • Charges Detail Road to Terror for 20 Recruited in U.S. 24 Nov 2009 05:10 GMT
    ... With eight new suspects implicated Monday, the authorities have ... believed to be still fighting with the Somali group, The case represents the largest group ... Said Omar, is suspected of helping to finance the recruitment. Officials said Mr. Omar, who was ...

  • 8 charged in probe of terrorism-recruiting network in U.S. 24 Nov 2009 08:48 GMT
    ... WASHINGTON — Federal authorities Monday unsealed criminal charges ... that sent young men to fight in Somalia. It is one of the largest extremist ... they have found evidence of support and finance cells for the network in several U.S. cities. ...

  • Charges Detail Road to Terror for 20 Recruited in U.S. (Today) 24 Nov 2009 09:01 GMT
    ... Charges Detail Road to Terror for 20 Recruited in ... to join a violent insurgent group in Somalia with ties to Al Qaeda. With eight ... Said Omar, is accused of helping to finance the recruitment. Officials said Mr. Omar, who was ...

  • Charges Detail Road to Terror for 20 in U.S. 24 Nov 2009 13:11 GMT
    ... With eight new suspects charged Monday, the authorities have ... believed to be still fighting with the Somali group, The case represents the largest group ... Said Omar, is accused of helping to finance the recruitment. Officials said Mr. Omar, who was ...

  • Index shows rampant corruption in Africa 24 Nov 2009 06:50 GMT
    ... Published in: Legalbrief Africa Date: Mon 23 November 2009 ... are among the most corrupt with war-torn Somalia the very worst (with 1.1 points). Thirty-one ... TI's graft index. Former Mozambican airports company finance director Antenor Pereira, a defendant in the trial, ...

  • The 12 C's of climate alarmism 24 Nov 2009 09:45 GMT
    ... links to this page. Here’s an excerpt: …Our Lost ... Russian and japanese fishing fleets stripped the Somalia coast of all commercial fish, Somalians became ... your manufacturing, all you have left are insurance salesmen and bankers.(people who skim money while ...

  • Transparency is important, even in corruption 24 Nov 2009 00:44 GMT
    ... 180 countries ranging from New Zealand to Somalia, Malaysia finds herself just left of the ... doubt stimulate further economic growth through foreign investment. It is, after all, simply human nature ...

  • Inspectors to evaluate ministries, industrial groups 24 Nov 2009 06:53 GMT
    ... and the Ministry of Science and Technology’s investment in major laboratories, the inspectorate said at ... Denmark and Singapore, while Myanmar, Afghanistan and Somalia languish at the bottom of the list. ...

  • Afghan decision soon...Poll: Strong interest in health care 24 Nov 2009 09:43 GMT
    ... Afghan decision soon...Poll: Strong interest in health care » ... as 20 immigrants suspected of returning to Somalia to fight. They were allegedly recruited to ... took advantage of a tax credit, low mortgage rates and falling prices. The Dow climbed 133 ...

  • Hope starts here, down a dirt track on the edge of Taliban country 24 Nov 2009 06:51 GMT
    ... stateless, is more entrenched in Pakistan and Somalia. Yet Mr Brown's clumsy defence of the ... the impact of British forces, and British investment, is not only inscribed in blood. The ...

  • Advancing Women a Top Clinton Goal 24 Nov 2009 12:50 GMT
    ... WASHINGTON — When Hillary Rodham Clinton heard that ... women have access to savings accounts, health insurance, home ownership and business funding. Women already ... institutions worldwide tracked by MIX Market, a microfinance databank in Washington. SKS Microfinance Private, India's largest ...

  • Eight charged in US-Somali youth terror network 23 Nov 2009 23:43 GMT
    ... The young men -- all but one of whom were of Somali descent -- were allegedly recruited to fight ... Arabia and then using the money to finance the trips to Somalia. The counts unsealed Monday ...

  • Offshore investment is safest in New Zealand 23 Nov 2009 13:34 GMT
    ... least corrupt country in the world for investment. A report from Transparency International assessed 180 ... as the most corrupt nations. These included Somalia, Myanmar, Afghanistan, the Sudan and Iraq. Add ...

  • Are Pirates Really in Pursuit of High-Value Loot? [opinion] 23 Nov 2009 09:15 GMT
    ... Nairobi — Things are turning nasty in Jalle Rogerstan. ... attack -- over 1,600 kilometres from the Somali coast -- established a new offshore distance ... Pirate-induced shipping costs include kidnap and ransom insurance, ransom drop-off and specialist consultancy fees and ...

  • State Tightens the Noose on Traders of Fake Goods 23 Nov 2009 21:53 GMT
    ... Kenya's fragile manufacturing sector is set to get a ... regulated markets such as the DR Congo, Somalia and Southern Sudan. BAT has estimates that ... fake products remains a key source of finance for terrorist and insurgencies around the world. In ...

  • In Afghanistan hope starts here, down a dirt track on the edge of Taliban country 23 Nov 2009 20:31 GMT
    ... stateless, is more entrenched in Pakistan and Somalia. Yet Mr Brown's clumsy defence of the ... the impact of British forces, and British investment, is not only inscribed in blood. The ...

  • (GEN) TURKEY'S SOMALIA MISSION FRIGATE TO RETURN HOME 19 Nov 2009 08:30 GMT
    ... Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor ... of Company may hold positions in the stocks, currencies or industries discussed here. You understand ...

  • Marine Insurance Market Faces 'Choppy Seas' Willis Report Concludes 20 Nov 2009 04:42 GMT
    ... The Marine insurance market continues to face "choppy seas in ... regions, and stalled capital markets and lower investment returns battering underwriters," according to the latest ... 800 nautical miles off the coast of Somalia and East Africa. The Willis report notes ...

  • Feds indict Minn. Somali-American man for conspiracy 20 Nov 2009 12:56 GMT
    ... Feds indict Minn. Somali on conspiracy charges , Minnesota Public Radio ... not sophisticated, and not wealthy enough to finance terrorism. Osman says he was eager to hear ...

  • Somali pirates attack US-flagged Maersk Alabama for second time; guards repel attack 18 Nov 2009 23:35 GMT
    ... NAIROBI, Kenya (AP) — Guards aboard the Maersk ... will encourage violence. With young and impoverished Somalis increasingly seeking out multimillion-dollar paydays from successful ... Scurrell, who analyzes risk for the global insurance broker Willis Group, said that while more ...


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